You are here

THE BOTTOM LINE

Whatever debt's virtues, it has its limits

Thursday, October 23, 2014 - 05:50

Washington

SIX years after the onset of the financial crisis, the world still has too much debt. The total in 2013, according to the McKinsey Global Institute, came to about US$186 trillion. This includes government debt, corporate bonds and loans to individuals, families and businesses.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom